Join the #IntroToCopytrading campaign for a chance to win a share of 1 BNB! Share your insights on whether copy trading in crypto is profitable and provide tips for new traders to use copy trading effectively in 2024. Be sure to include real-world examples and practical guidance.
Campaign Period: 2024-06-28 00:00 to 2024-07-03 23:59 (UTC)
To Participate: 
Post an analysis of the profitability of copy trading in crypto, along with tips for new traders using the #IntroToCopytrading hashtag on Binance Square.
Make sure your post has a minimum length of 600 words.
Guidelines:
Make certain your shared content is original and filled with insightful information. Posts with high engagement lacking original content may be disqualified.
Winner Selection: 
Five posts generating the most interaction will each get an equal share of the 1 BNB prize pool.
Terms and Conditions:
This campaign may not be available in your region.Submissions will be evaluated by a panel from the Binance Square team, based on topic relevance, formatting, research quality, factual sourcing, and originality. Content must also align with Campaign Rules. Only content no shorter than 600 words will qualify for the rewards.Posts that attempt to boost engagement by exploiting Red Packets and giveaways will be disqualified.Should a creator be declared a winner and be rewarded in any campaign, but subsequent findings reveal a violation of the campaign's rules on their part, their eligibility for future rewards will be suspended. The suspension period will commence from the end date of the campaign where the violation occurred and will last for 30 days.The content needs to be posted in Binance Square organically to qualify for the reward.In order to be eligible for a reward, your account must be completely configured, which includes a properly set up username and a profile picture. Winners of the week will be notified within 14 days via a push notification under Creator Center > Square Assistant. Entries by Media & Project partners will not be considered for this campaign.The BNB token voucher rewards will be distributed within 30 working days after the activity ends. Users may check their rewards via Profile > Rewards Hub. The validity period for the token voucher is set at seven days from the day of distribution. Learn how to redeem a voucher.Illegally bulk registered accounts or sub-accounts shall not be eligible to participate or receive any rewards. Binance reserves the right to disqualify any account acting against the Binance Square Community Guidelines or Terms and Conditions.Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating or suspending this activity, the eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all participants shall be bound by these amendments.Binance reserves the right of final interpretation of this activity.Where any discrepancy arises between the translated versions of this announcement and the original English version, the English version of this announcement shall prevail.Additional promotion terms and conditions can be accessed here.

Current Performance and Growth Potential: As of October 12, 2024, the ADA price is around $0.35. The main growth drivers in 2024 are related to the implementation of Cardano network upgrades (such as Goguen and Basho), which improve the platform’s smart contract capabilities and scalability. Forecasts range from conservative to optimistic, reflecting the uncertainty of the cryptocurrency market.

How many types of BTC addresses are there now?
There are now four BTC address types, each of which is slightly different in the format and use of the address. The following are several common Bitcoin address types:    P2PKH (Pay-to-Public-Key-Hash): This is the most common address type and starts with "1". This address type is the earliest and most widely accepted. For example: 1BvBMSEYstWetqTFn5Au4m4GFg7xJaNVN2
P2SH (Pay-to-Script-Hash): Starts with "3" and is used for multi-signature and other complex transaction scripts. This address type's script is verified in the transaction. For example: 3J98t1WpEZ73CNmQviecrnyiWrnqRhWNLy

During the previous Bull Run $AXS did 950x, $SAND 1050x.

Even bigger SUPER-cycle is about to ignite in October.

Here are the best under-the-radar lowcaps with 1000x potential

The crypto market always moves in cycles, and recognizing the patterns is essential for making a profit.

These cycles display clear trends, often shaped by factors like investor sentiment, global adoption, regulations, and more.

ach cycle consists of four distinct phases: Accumulation, Growth (Uptrend), Bubble (Distribution), and Crash (Downtrend).

Each phase has unique characteristics that influence market behavior and form investment strategies.

In a few weeks, we'll be entering the Uptrend phase, driven by factors such as the upcoming U.S. election, rate cuts, stock buybacks, FTX payouts and global adoption of ETFs.

Historically, October-November was the best period for crypto and this time it'll be no different.

Today, large corporations are trying to shake you out and buy at lower prices one last time before the real bull run begins.

Here's a list of the best tokens you can start accumulating before they go parabolic

$TOKEN
tokenfi aims to simplify the crypto and asset tokenization process and eventually become the foremost tokenization platform in the world.

➢ Sector: RWA
➢ Price: $0.05
➢ Market Cap: $50M
$WILD
WilderWorld is a metaverse that leverages the latest advancements in photorealism, AI, and blockchain to create a decentralized virtual reality.

➢ Sector: Metaverse
➢ Price: $0.26
➢ Market Cap: $68M
$HOOK
@Hooked Protocol is the world's first Web3 social learning platform, transforming over 10M users.

➢ Sector: Education
➢ Price: $0.42
➢ Market Cap: $79M
$KMNO
@KaminoFinance is a Solana protocol that unifies Lending, Liquidity, and Leverage into a single, secure DeFi product suite.

➢ Sector: DeFi
➢ Price: $0.056
➢ Market Cap: $76M
$ATH
@AethirCloud is a decentralized real-time rendering network that builds scalable cloud infrastructure to enhance content accessibility in the Metaverse.

➢ Sector: DePIN
➢ Price: $0.052
➢ Market Cap: $212M
$RIO
realio_network is an end-to-end, blockchain-based SaaS platform for the issuance, investment, and life-cycle management of digital securities and crypto assets.

➢ Sector: RWA
➢ Price: $0.82
➢ Market Cap: $5M
$PHA
@Phala Network is the Execution Layer for Web3 that allows building tamper-proof AI Agents.

➢ Sector: AI
➢ Price: $0.1
➢ Market Cap: $81M
$DUSK
DuskFoundation is a permissionless, ZK-friendly L1 blockchain protocol focused on compliance and privacy to tokenize RWA.

➢ Sector: RWA
➢ Price: $0.21
➢ Market Cap: $101M
$FLT
@fluence_project is the first decentralized "Cloudless" computing platform, providing an open alternative to the giant internet cloud monopolies.
➢ Sector: AI
➢ Price: $0.23
➢ Market Cap: $20M
$RVN
@Project Raven 🦅/ RVN / Ravencoin is a peer-to-peer blockchain designed to handle the efficient creation and transfer of assets from one party to another.

➢ Sector: DeFi
➢ Price: $0.017
➢ Market Cap: $248M
I hope you've found this article helpful.
Follow me @Bluechip for more.
Like/Repost the quote if you can.
#BinanceTurns7 #MarketDownturn #IntroToCopytrading #altsesaon #Write2Earn!

The growth in demand for purchasing Bitcoin in the UAE and Saudi Arabia is clearly increasing. Despite the collapse of many trading platforms, investor confidence in Bitcoin remains high, as they see it as the perfect solution to the global economic problems we face. Therefore, whether you are a beginner or an experienced cryptocurrency investor, the process of buying Bitcoin and choosing the right platform is crucial to protecting your investment.

how to use it?
#followers. #followers #BinanceReferralProgram #BinanceFreeCrypto #IntroToCopytrading
Making the Most of Binance Trading Fee Rebate Vouchers: A Practical Guide
Cryptocurrency trading has surged in popularity, with platforms like Binance leading the charge in providing comprehensive tools and features for traders worldwide. Among these tools are trading fee rebate vouchers, which offer a valuable opportunity to reduce costs and optimize trading strategies. If you're new to using Binance trading fee rebate vouchers or want to enhance your understanding of their benefits, this guide will walk you through everything you need to know.
### Understanding Binance Trading Fee Rebate Vouchers
Trading fee rebate vouchers on Binance are incentives provided to users to offset transaction costs associated with buying and selling cryptocurrencies. These vouchers can cover a portion or all of the trading fees for transactions made on the platform, effectively reducing the overall expenses incurred by traders.
### Acquiring Binance Trading Fee Rebate Vouchers
There are several ways to acquire trading fee rebate vouchers on Binance:
1. Promotional Campaigns: Binance regularly runs promotional campaigns where trading fee rebate vouchers are distributed as rewards. These campaigns may include trading competitions, referral programs, or special events tied to specific cryptocurrencies or trading pairs.
2. Referral Programs: Inviting new users to Binance through your referral link can earn you trading fee rebate vouchers. The amount of the voucher typically depends on the trading volume generated by the referred user.
3. Trading Contests and Challenges: Participating in trading contests or challenges organized by Binance can also earn you fee rebate vouchers based on your performance relative to other participants.
### Steps to Use Binance Trading Fee Rebate Vouchers
Once you have obtained a trading fee rebate voucher, follow these steps to utilize it effectively:
1. Accessing Your Voucher: Log in to your Binance account and navigate to the Wallet section. Select "Fee Rebate Vouchers" to view all available vouchers in your account.
2. Applying the Voucher: When you proceed to make a trade on Binance, you will have the option to apply a trading fee rebate voucher during the transaction process. Choose the voucher you wish to use from the dropdown menu before confirming the trade.
3. Confirming the Application: Review the transaction details to ensure that the voucher has been successfully applied and that the corresponding trading fee reduction has been applied to your transaction.
### Tips for Maximizing the Benefits
- Strategic Use: Use trading fee rebate vouchers strategically, particularly during periods of high trading activity or when executing large transactions. This can significantly reduce your overall trading costs.
- Combining Vouchers: If you have multiple trading fee rebate vouchers, consider combining them for larger trades or consecutive transactions to maximize their impact.
- Monitoring Expiry Dates: Be aware of the expiry dates associated with trading fee rebate vouchers. Utilize them before they expire to avoid missing out on potential savings.
### Conclusion
Trading fee rebate vouchers are a valuable feature offered by Binance to help traders minimize costs and enhance profitability. By understanding how to acquire, apply, and maximize the benefits of these vouchers, you can optimize your trading experience on one of the world's largest cryptocurrency exchanges.
Whether you are a novice trader or an experienced investor, leveraging Binance trading fee rebate vouchers effectively can contribute significantly to your trading success. Stay informed about promotional opportunities and keep exploring new ways to make the most of fee rebate vouchers to achieve your financial goals in the dynamic world of cryptocurrency trading.

The Turning Point
Meet Alex, a regular IT consultant with a keen interest in cryptocurrency, but limited trading experience. After discovering Binance's copy trading feature, Alex's approach to investing transformed completely. Initially skeptical, he decided to allocate a modest portion of his savings to follow a few selected traders with impressive track records.

A Strategy of Success
Alex's strategy was simple: choose traders whose risk levels and trading styles matched his own preferences. He diversified his investments across several traders to mitigate risks and maximize potential returns. This approach paid off spectacularly. Within a year, Alex saw a five-fold increase in his investment portfolio.
Step-by-Step: How Alex Started Copy Trading on Binance
Account Setup: Alex signed up on Binance, completed the necessary verification processes, and funded his account.Navigating to Copy Trading: He explored the Copy Trading section via the dashboard.Choosing Traders: By analyzing different traders’ historical performance, success rates, and risk scores, Alex selected those who aligned with his goals.Investing Funds: He decided on the amount to allocate for each trader and set up his investments.Monitoring Progress: Alex regularly reviewed the performance of his portfolio, making adjustments as needed, to ensure alignment with his financial goals.
A New Financial Outlook
Today, Alex not only enjoys substantial returns from his investments but also gains deeper insights into trading strategies from observing the moves of the seasoned traders he copies. He has become an advocate for copy trading, recommending it as a viable investment approach for those looking to participate in the crypto market with reduced direct involvement.
Reflecting on the Journey
Alex's story is a testament to how Binance's copy trading can revolutionize a beginner's trading experience. It illustrates the potential of smart, passive investment strategies in the volatile world of cryptocurrency. Whether you're a busy professional like Alex or a seasoned trader, copy trading offers a pathway to enhance your investment portfolio effectively.
#introtocopytrading #binance #trending #trendingtopic

Unlocking the Potential of Copy Trading
Copy trading on Binance offers an innovative way for both new and seasoned investors to engage with the cryptocurrency markets. This strategy allows users to mimic the trades of experienced and successful traders automatically, providing a unique opportunity to potentially enhance returns without requiring the time-consuming task of market analysis and trade execution.
Why Copy Trading Can Be a Game-Changer
Copy trading isn't just about simplifying the trading process; it's about leveraging expertise. Many users who have used Binance's copy trading feature report significant gains simply by following the strategies of veteran traders. The key to success lies in choosing the right traders to copy—those with a proven track record of performance and a trading style that matches your risk tolerance and investment goals.
Step-by-Step Guide to Starting with Copy Trading on Binance
Create and Verify Your Binance Account: Sign up on Binance and ensure your account is fully verified to access all trading features.Access the Copy Trading Feature: Navigate to the 'Copy Trading' section on Binance here.Select a Trader to Copy: Browse through the list of top traders. Check their trading history, risk level, and success rate to make an informed decision.Set Your Investment Amount: Decide how much you want to invest in copying the trades of your selected trader.Monitor and Adjust: Keep an eye on the performance of your investments. You can stop copying a trader at any time and switch to another if your goals or the market conditions change.

By following these steps, you can start utilizing the copy trading services on Binance, potentially opening up new avenues for passive income through wise investments based on experienced traders' actions.
Final Thoughts
Copy trading on Binance not only democratizes access to sophisticated trading strategies but also provides a learning curve for novice traders. As always, while the opportunities are enticing, it's crucial to approach with caution and consider your own financial situation and risk tolerance.

#introtocopytrading #copytrading

Hyperliquid Ready to Launch HYPE and EVM on Mainnet
The Hyper Foundation was established to support the development of the Hyperliquid blockchain. It is currently preparing for the initial distribution of its native token called HYPE.
This new token is the first step towards proof-of-stake consensus and Ethereum virtual machine (EVM) deployment on the mainnet of the layer-1 blockchain.
Pathway to multiple services

As the name suggests, "Copy trading". It is a method of trading in the financial markets that allows automatic copying of other traders' transactions. Another name for copy trading is copy trading signals. The mechanism of its use is quite simple and easy to understand.
The trader decides how much to invest, and all transactions of the selected trader are automatically copied in real time. Any positions opened by the trader are also displayed in your account.
Copy trading was created to make the trading process accessible and profitable for both beginners and experienced investors. It allows you to benefit from the expertise of professional traders and copy their trades by investing the amount of money they deem necessary.
There are two types of copy trading: automatic and manual.
Automatic. This method is common among novice traders. It is only necessary to choose a platform, register, pay the tariff and select one or several traders offered. Copying of transactions will be done automatically and will be displayed on your personal account. Automatic copy trading is convenient because it saves time and is also a source of passive income. Some beginners prefer to learn trading from professionals in practice.Manual. The trader chooses a trader whose strategy he will copy and places the selected orders manually on his exchange account. This is a good option for those who already have basic trading skills procedures and knowledge about cryptocurrencies. The trader, having received a tip from a professional trader, trades on his own. There are even closed channels or groups created on social networks where investment gurus advise when to buy or sell assets. The manual method is useful because it helps the trader evaluate the strategy before copying.
In copy trading, the copier has no influence on the position and gets the same result as the trader he chose. In other words, copy trading is one of the easiest ways to benefit from the expert knowledge of other traders. Copying trades allows you to potentially benefit from your skills.
In this way, you do not need to have in-depth knowledge of the financial markets. Traders can copy the deals of the master trader according to their strategy, believing that he has experience in the digital market. The person who copies trades may be completely new to investing or completely ignorant of the peculiarities of the market. This is one of the easiest ways to get a regular income by investing without spending a lot of time studying the market or charts. The main trader will receive a part of the profit or set a service fee for each copied trade.
The history of copy trading began in 2005, when traders began to copy certain algorithms developed during automatic trading. Brokers quickly realized the potential of systems that allowed traders to copy deals automatically. It was not necessary to constantly monitor trading signals via e-mail or in traders' chats. So, this trend of perspective was discovered and quickly gained popularity.
Copy trading is suitable not only for beginners in cryptocurrency trading, but also for professionals. If their transactions are copied by many other traders, they create a good reputation for themselves. In the future, they can become financial advisors, investors can entrust their assets to such traders. This is a rather serious professional growth, which is the dream of many traders.
Benefits of Copy Trading
The reason for the popularity of copy trading is its numerous benefits.
Sharpening trading skills. Copy trading allows one to follow the trading activities of successful traders and learn from their years of experience. In the process of copying the trades of others, you learn how to achieve success and develop your own copy trading strategies.Diversification. With a wide variety of trading strategies, you can spread your funds among various traders and different assets. Spreading your risks allows you to neutralize the losses incurred by one of the chosen traders. In addition, you can potentially make a profit in different market conditions.Free time. You can continue trading throughout the day - if your chosen trader does. This means that you have time for other activities and hobbies.
In addition, it allows you to spread the risk across your trading portfolio, allowing you to earn both on the rise and fall of the cryptocurrency and trade in the long term.
Is copy trading useful for beginners?
To enter the cryptocurrency market, you don’t just need to know the answer to the question: what is copy trading in crypto? You also need to know how to study the characteristics of the market, time, effort and willingness to take risks. Therefore, for some beginners, copy trading may seem like the best solution. However, there are several factors to consider:
Firstly, copying the trades of professional traders does not guarantee income. Any trader is a person who can get tired or make mistakes. There is no such thing as trading only for profit.Secondly, a copy trader pays developers for using the platform, a trader for using the strategy and for trading. Such a payment is called a transaction fee. It is important to take these factors into account when calculating the deposit and potential profit.Trading can save investors time and effort. However, one should not count on a stable and high income. As we mentioned above, professional traders can also make mistakes. The amount of income depends on the amount of investment. Not every investor should decide to trust a stranger with a large sum, considering all the costs and risks.
Some copy trading platforms reduce risk by allowing you to link multiple trading accounts with different traders and providing a risk management system, but this increases the commissions you pay. Sometimes copy trading attracts beginners with the opportunity to learn from the trades of experienced traders. Analysis of profitable and losing positions can provide valuable information to a novice trader.
Differences between copy trading and mirror trading
Although the trading methods may seem similar, copy trading and mirror trading are two different trading styles. Copy trading is an advanced version of mirror trading. The latter implies that traders follow every signal and trade automatically. Unlike the former, traders who choose this strategy can choose which deals to copy.
Mirror trading is more suitable for traders with large amounts of funds, as the automated system mimics every signal and trade of the main trader, exposing the copied trader to large fluctuations in their account. On the other hand, copy trading is more suitable for low-volume traders or beginners, as they can allocate a certain percentage of their balance to an individual strategy and follow several traders at the same time.
How do I start copy trading?
First of all, you need to choose a system with which you will do copy trading. It can be a platform specifically created for this purpose or any crypto exchange that supports copy trading functions. However, this is not as easy as it seems because as of 2024, there are many services that automatically copy the trades of successful traders from all over the world. As a rule, such platforms are created by brokers to attract new clients.
Therefore, in order to choose the best copy trading platform, you should pay attention to the following points.
Legality. Is the platform you have chosen registered? If so, where is it registered? Does it have a license?Service. What set of tools is offered? Is customer support available and how to contact it? Which brokers do you cooperate with? Is the tracking accuracy of transactions high?Customization. Of the platforms that meet the above criteria, you should give preference to those that offer a simple and user-friendly website interface and a wide range of software settings.
Try the following strategy. Type in a search query "best copy trading platforms" and carefully look at several positions in their top positions, adhering to the advice we gave above.
Then choose the trader that best suits your goals. In order not to make a mistake when choosing the one on which your preference will depend, approach the choice carefully and pay attention to the following parameters:
The length of the trading history should be one year or more.As the number of subscribers in trading networks, almost no one will subscribe to a bad trader.Stability, if the trader has been consistently profitable over the past few months, this will most likely not change in the short term.
Determine an appropriate investment amount and decide how you will distribute your trades among the traders you will be copying. Be balanced and do not invest all your money in a single trader. Determine the amount you want to allocate to each selected trader. Customize your copy trading platform to suit your needs. Many systems offer in-depth customization of risk settings as well as the ability to choose fully automatic copying or only partial copying. Deposit extra money if you like the results of a trader. You can change the trader or traders you choose at any time, but remember: you need a separate trading account to copy each trader’s trades.
There are usually no additional commissions or fees for copy trading – you only pay for profitable trades. You can only copy trades from crypto traders who have given you permission to do so. Many copy trading platforms allow you to follow the most successful trades on exchanges and then choose your favorite trader and copy his strategy and trades.
In conclusion, it can be said that copy trading expands the opportunities for beginner crypto traders and allows them to join the ranks of professional traders. Thus, it helps financial integration and acts as a stabilizing factor in the market. Copy trading is a modern and popular tool for generating income from cryptocurrency trading. It provides an opportunity to make a profit using the experience of professional traders who have shown good trading results. But before connecting to a copy service, you need to carefully evaluate the statistical indicators of the selected financial advisor and the stability of his trading. It is also important to pay attention to the settings of the parameters necessary for copying transactions, such as copy volume, maximum drawdown, payout amount to the main trader, etc.
#IntroToCopytrading